Gujgas given Weekly Breakout on Buy Side. On Daily TF Enter to look long on the Evidence of Indecision or Rejection Or Bullish on the Support Zone.
Once Trade is Active, Will update on Target/SL
Would Also update if Trade doesn't get triggered.
Gujarat Gas
CMP 656.80
Holding 652 the stock can be looked for targets mentioned in the chart
Below 652 the stock can be looked closer to 636 for buying
SL if closing below 625
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Detailed Plotted & mentioned on Chart.
Best LONG @ 752.10 - @ 748.50.
Hurdle Zone #1 771.2 - 775.1
Hurdle Zone #2 783 - 786.35
Bounce Zone #1 742.5 - 738.6
Bounce Zone #2 730.65 - 727.35.
Education Purpose Only.
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Once the double layer of support zone 610-620 leaks likely Gus Gas should target a zone of 575-580 where proposed Y-wave shall be equal to W-Wave & shall keep moving like a fluid in a channel.
